Description

KASTURI METAL COMPOSITE LIMITED equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective February 17, 2026.

Summary

BSE has announced that the equity shares of KASTURI METAL COMPOSITE LIMITED (Scrip Code: 544688), currently trading in the Trade for Trade segment (MT Group), will be transferred to the Rolling segment under M Group effective February 17, 2026. This change follows the company’s SME IPO and represents a progression to more flexible trading arrangements.

Key Points

  • Company: KASTURI METAL COMPOSITE LIMITED - SME IPO
  • Scrip Code: 544688
  • Current Segment: Trade for Trade segment (MT Group)
  • New Segment: Rolling segment (M Group)
  • Effective Date: Tuesday, February 17, 2026
  • Notice Number: 20260203-1
  • Reference: Exchange Notice No. 20260202-35 dated February 01, 2026
  • Contact: Mr. Anurag Jain, Tel. No. 022-2272 8822

Regulatory Changes

The equity shares will be shifted from the restrictive Trade for Trade segment (MT Group) to the Rolling segment (M Group). This change allows for normal rolling settlement instead of compulsory delivery-based trading, enabling greater liquidity and flexibility in trading operations.

Compliance Requirements

Trading members should:

  • Note the segment change effective February 17, 2026
  • Update their systems to reflect the new group classification (M Group)
  • Contact Mr. Anurag Jain for any clarifications or additional details
  • Ensure proper handling of trades in the new segment post-transition

Important Dates

  • February 01, 2026: Prior notice issued (Notice No. 20260202-35)
  • February 03, 2026: Current notice date
  • February 17, 2026: Effective date of segment transfer

Impact Assessment

This transition from Trade for Trade to Rolling segment is positive for market liquidity and investor participation. The move indicates successful completion of the SME IPO process and regulatory comfort with normal trading operations. Trading members will benefit from reduced settlement restrictions, while investors will experience improved liquidity and potentially tighter bid-ask spreads. The change reflects the company’s progression in market maturity post-IPO.

Impact Justification

Transition from restrictive Trade for Trade segment to Rolling segment improves liquidity and trading flexibility for KASTURI METAL COMPOSITE LIMITED, moderately impacting trading members and investors.